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    Central Bureau of Narcotics (CBN) and PHARMEXCIL Sign Memorandum of Understanding to Boost Legitimate Pharmaceutical Exports and Strengthen Regulatory...
    RBI's USD-INR Swap Facility Sparks Unprecedented Forex Inflows into India, Banks Raise USD 73 Billion in eleven weeks
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    Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
    ICSI inaugurates new Chapter Office in Hyderabad
    Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
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August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.

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HIGHLIGHTS AT 9 PM

August 11, 2025

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New Delhi, Aug 11 (PTI) Following are the top stories at 9 pm: TOP STORIES DEL114 PM-LD ZELENSKYY India committed to make every contribution to end conflict in Ukraine: PM Modi to Zelenskyy New Delhi: Days ahead of a much-anticipated US-Russia summit on the Ukraine war, Prime Minister Narendra Modi on Monday conveyed to Ukrainian President Volodymyr Zelenskyy in a phone conversation that India remains committed to making every possible contribution for an early and peaceful solution to the conflict.

DEL120 OPPN-LDALL PROTEST Opposition takes out protest march against SIR, 'vote theft'; says EC can't be 'churao aayog' New Delhi: Stepping up attack, opposition MPs, including Rahul Gandhi, Mallikarjun Kharge and Sharad Pawar, on Monday took out a protest march from Parliament House to the Election Commission office against the revision of electoral rolls in Bihar and alleged "vote chori", but were stopped midway by the police and briefly detained amid high drama DEL63 INDIA-MUNIR-NUCLEAR Nuclear sabre-rattling is Pakistan's stock-in-trade: India on Pak Army Chief's nuclear threat New Delhi: Nuclear sabre-rattling is Pakistan's "stock-in-trade", New Delhi said on Monday, in a strong response to Pakistan Army Chief Field Marshal Asim Munir's nuclear threat directed at India from the US soil.

LGD28 SC-2NDLD STRAY DOGS 'Grim' situation: SC orders permanent relocation of stray dogs from Delhi-NCR streets to shelters New Delhi: Noting an "extremely grim" situation due to stray dog bites resulting in rabies, particularly among children, the Supreme Court on Monday directed Delhi-NCR authorities to permanently relocate all strays from streets to shelters "at the earliest".

NATION DEL118 POL-RIJIJU-2NDLD BILLS 8 Bills get Parliament nod after Rijiju's ultimatum to Opposition to join debate New Delhi: Parliament on Monday passed eight Bills as Union minister Kiren Rijiju slammed the opposition parties for repeated disruptions of both the Houses of Parliament and announced that the government would proceed with the legislative agenda without their participation.

PAR30 LS-2NDLD INCOME TAX BILL Lok Sabha passes new Income Tax Bill in just 3 minutes New Delhi: The Income Tax Bill (No.2) 2025 - a major legislative move to replace the 63-year-old law governing income taxation for individuals and corporations - was passed in the Lok Sabha on Monday in just three minutes, without any debate.

DEL115 JK-PAK-2NDLD INTRUDER Pak intruder killed after BSF opens fire along IB in J-K's Kathua Jammu: A Pakistani intruder was killed after being shot at by the BSF while attempting to sneak into this side from across the International Border (IB) in Kathua district of Jammu and Kashmir on Monday, officials said.

DEL89 UKD-UTTARKASHI-2ND LD-RESCUE Uttarkashi: One body found so far, says official; many people still missing as rain hampers rescue operation Uttarkashi: Incessant rains in Uttarkashi since Monday morning hampered rescue operations in disaster-hit Dharali and Harsil, even as officials said one body has been recovered so far and 42 people remain missing following flash floods in the area a week ago.

CAL23 BH-2NDLD FLOOD Over 17 lakh people affected by floods in Bihar, rescue operations underway Patna: More than 17 lakh people have been affected by floods in Bihar, where several rivers are in spate due to torrential rainfall in the past 24 hours, officials said on Monday.

BOM31 MH-2ND LD-VAN-ACCIDENT 8 devotees killed, 29 hurt as pick-up van falls off road on hilly terrain in Pune district Pune: Eight women on their way to a temple were killed and 29 people injured after a pick-up van they were travelling in fell off the road on a hilly terrain in Pune district on Monday, police said.

MDS17 KA-LD MINISTER DISMISSAL CM Siddaramaiah removes Minister K N Rajanna from Cabinet Bengaluru: Karnataka Cooperation Minister K N Rajanna was on Monday removed from the Council of Ministers after Chief Minister Siddaramaiah recommended his sacking to Governor Thaawarchand Gehlot.

LEGAL LGD34 SC-ED-BAGHEL 'Devil not in law but in abuse': SC refuses to hear ex-Chhattisgarh CM's plea against PMLA provision New Delhi: The Supreme Court on Monday said the "devil is not in the law" but "in the abuse" of the provisions of Prevention of Money Laundering Act (PMLA) as it refused to examine former Chhattisgarh chief minister Bhupesh Baghel's plea challenging the PMLA provision empowering the ED to file supplementary chargesheets in money laundering cases.

LGD31 SC-SENTHIL BALAJI 'No bearing on trial': SC refuses to expunge remarks against ex-TN minister Senthil Balaji New Delhi: The Supreme Court on Monday refused to expunge its remarks against former Tamil Nadu minister Senthil Balaji in its September 2022 order restoring criminal complaints and other verdicts against him in the cash-for-job case.

FOREIGN FGN16 US-PAK-LD MUNIR Pak Army chief Munir repeats anti-India rhetoric in US New York: Kashmir is the "jugular vein" of Pakistan, Pakistani Army Chief Field Marshal Asim Munir has said, repeating his anti-India rhetoric. By Yoshita Singh FGN22 CHINA-INDIA-TIBET-RAIL China to build Xinjiang-Tibet rail link 'near' LAC with India: Report Beijing: China is set to build the most ambitious rail link connecting Xinjiang province with Tibet, part of which will “run near” the Line of Actual Control (LAC) with India, according to a media report. By K J M Varma PTI HIG HIG

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